Kospi opens lower as investor await U.S. jobs report
Published: 06 Sep. 2024, 09:56
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- CHO YONG-JUN
- cho.yongjun1@joongang.co.kr
![A screen in Hana Bank's trading room in central Seoul shows the Kospi closing on Thursday. [YONHAP]](https://koreajoongangdaily.joins.com/data/photo/2024/09/06/5ffce974-da36-4e72-ab3d-1bcc8ca98fd6.jpg)
A screen in Hana Bank's trading room in central Seoul shows the Kospi closing on Thursday. [YONHAP]
The benchmark Kospi shed 7.63 points, or 0.30 percent, to 2,567.87 in the first 15 minutes of trading.
The index has been on a steady decline since Tuesday when the United States reported a worse-than-expected manufacturing purchasing managers index.
The United States is set to release its latest jobs data Friday.
In Seoul, large caps traded mixed.
Samsung Electronics gained 0.29 percent, while SK hynix retreated 1.13 percent.
LG Energy Solution and Samsung SDS lost 1.59 percent and 0.69 percent, respectively. SK Telecom surged 1.92 percent.
Autos were in negative territory, with Hyundai Motor slipping 0.66 percent and Kia Motors falling 1.19 percent.
The local currency was trading at 1,332.90 won against the dollar, down 3.0 won from the previous session.
BY CHO YONG-JUN, YONHAP [cho.yongjun1@joongang.co.kr]
with the Korea JoongAng Daily
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